Asbury Automotive Group has announced the expansion of its presence in the Atlanta market with the acquisition of two stores, a move the company says is a “first step” in executing its plan to broaden its dealership network.  Also, the company has updated its soon-to-expire stock repurchase program. Acquired by Asbury are a Volkswagen and […] [Read More]

The American International Automobile Dealers Alliance is inviting dealers to gather for its 43rd Annual Meeting and Luncheon. During the event, various speakers will discuss how “the economy is driven by the international nameplate auto industry and what dealers can do to maintain their edge,” officials shared.    The event is scheduled for Feb. 11 […] [Read More]

In an effort to promote the donation of used cars to charity, Carfax announced this week that it will help maintain the history of donated autos for the future of the vehicle.   Carfax said for vehicles donated to the National Kidney Foundation’s Kidney Cars program, it will add a record to the Carfax Vehicle […] [Read More]

Canadian new-vehicle sales last month marked the second-best November on record, and it seems dealers may be seeing more customers interested in highline units on their lots. According to DesRosiers Automotive Consultants, one of the fastest growing segments going forward will be the luxury category. [Read More]

The Ontario Motor Vehicle Industry Council revealed a potential scam that may be of particular interest to dealers who secure used inventory through private party sales or regularly visit third-party sites such as AutoTrader.com. The OMVIC was alerted by the Oklahoma Used Motor Vehicle and Parts Commission (UMVCP) of a potential online scam specifically targeting […] [Read More]

Late Monday, American Suzuki Motor Corp. offered an update on the amount of franchised dealerships in its network that have agreed to terms of the automaker’s dealer settlement as part of its previously announced bankruptcy, restructuring and realignment. As of the early return deadline of Nov. 30, ASMC said 213 of the 219 automotive dealers […] [Read More]

In a deal announced Tuesday morning, AutoNation will expand its presence in the Lone Star State to 50 franchises. The retailer said it has signed agreements to acquire Audi, Porsche and three Volkswagen stores in the Dallas market from Boardwalk Auto Group, and Spring Chrysler Jeep Dodge Ram in the Houston market. Together, these stores […] [Read More]

It was another solid month for the used-car market. Sales didn’t quite reach the 3 million mark in November, but they still eclipsed year-ago levels by almost 15 percent and continued a blisteringly hot year. According to CNW Research, there were 2.98 million used vehicles sold last month, which marked a 14.6-percent year-over-year increase. [Read More]

Auto Remarketing learned Monday that Kia Motors America’s fleet and remarketing team now has a national manager of CPO. Coming over from KMA’s Western region to head up certified is Brad Beer. While in the Western region, Beer was regional sales manager. [Read More]

Lincoln dipped deep into the history of the brand to come up with its latest advertising push, revealed Monday, and industry analysts lauded the move as a "step in the right direction" for the brand. The advertising campaign, which will hit print, television and digital mediums, is called, "Introducing the Lincoln Motor Company." Lincoln was […] [Read More]